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BioWorld - Saturday, December 27, 2025
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Visualization of the Elucis platform and Logitech stylus

Mid-air, 3D medical modeling gets lift from Canadian and Swiss-based firms

Aug. 18, 2020
By David Godkin
TORONTO – Virtual reality (VR) platform developer Realize Medical Inc. is collaborating with Lausanne, Switzerland’s Logitech International SA on what the Ottawa-based med tech calls “the world’s first VR platform for creating patient-specific 3D medical models.”
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TSX gives thumbs up on documentation supporting agreement on rapid saliva, COVID-19 test

Aug. 14, 2020
By David Godkin
TORONTO – The Toronto Stock Exchange (TSX) has accepted documentation supporting a binding letter of intent between Toronto-based Therma Bright Inc. and arm's-length vendor Orpheus Medica Inc. for development of a rapid saliva, COVID-19 test.
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Canada pinned on globe

Canada’s patent office speeding examination of COVID-19 med-tech applications, cutting company costs

Aug. 3, 2020
By David Godkin
TORONTO – Dishing out hundreds of millions of dollars for new COVID-19 fighting ventilators, test kits and antibody detection platforms Ottawa has another vital gap to close: the time it takes to approve these technologies for the marketplace. A new Canadian pilot program could significantly reduce the amount of time it takes to determine if these technologies are ready for prime time.
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Product image

A bleak financial history behind it, Neovasc boosted by study of its refractory angina device

July 24, 2020
By David Godkin
The results of Reducer 1, an international, three-arm observational study of an initial 241 patients with refractory angina were remarkable, Neovasc COO Bill Little told BioWorld.
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Protxx sensor behind ear

In wake of COVID-19 funding, U.S. med tech, Canadian university press for wearable MS monitoring device

July 13, 2020
By David Godkin
TORONTO – Edmonton’s University of Alberta is lending its neuromotor research smarts to a wearable, machine learning driven sensors platform developed by Menlo Park, Calif., and Calgary, Alberta-based Protxx Inc. for better managing the future care of patients suffering from neurodegenerative conditions such as multiple sclerosis (MS).
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Canadian flag

Manufacturing supercluster funds over CA$6 million in projects to fight COVID-19

July 1, 2020
By David Godkin
TORONTO – Industry-led accelerator Next Generation Manufacturing Canada (NGen) has dipped into its CA$50 million (US$37 million) supercluster fund to help three Canadian companies beef up the nation’s supply of COVID-19 equipment and medical devices.
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Group photo in lab

Canadian, U.S. investors boost the fortunes of long-term transcatheter heart pump

June 26, 2020
By David Godkin
TORONTO – Once he’d enrolled in an entrepreneurial engineering course, third-year medical school student Gabriel Georges’ task was deceptively simple: come up with a device to meet an unmet medical need. Before long, Georges had pulled two other students with engineering and investor relations smarts into the project, developing a minimally invasive, long-term transcatheter heart pump that this month garnered financing from Canadian and U.S. investors.
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Terramera Scientist conducting research and development

Digital supercluster to spend nearly CA$60M to fight coronavirus now and in the future

June 17, 2020
By David Godkin
TORONTO – What do agricultural pesticides and concealed weapons have to do with med-tech advances in fighting COVID-19? Plenty, according to Canada’s science and industry ministry.
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Canadian flag

Pandemic results in six-month reprieve from Canada’s Rx pricing reforms

June 11, 2020
By Mari Serebrov
Due to the pressing challenges of COVID-19, Health Canada is giving drug companies six more months to prepare for major reforms to its 1987 Patented Medicines Regulations.
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Ultrasound device in use on patient

Investment announcement brings funding for liver diagnostics tool to CA$8M

June 9, 2020
By David Godkin
TORONTO – Vancouver, B.C.-based Sonic Incytes Medical Corp. is giving MRI a run for its money assessing chronic liver disease following a successful, CA$3.5 (US$2.6 million) seed round. That brings total funding to CA$8 million (US$5.92 million) for a hand-held ultrasound device that quantifies liver disease using 3D tissue sampling and analysis in approximately five minutes in a doctor’s office.
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